Ontario News

TORONTO — The $4.5 million in pay received by Hydro One's CEO is not a factor in the government's plan to cut electricity costs for consumers, an Ontario cabinet minister said Thursday amid opposition concerns about the executive's compensation.

ST. JOHN'S, N.L. — A floating oil platform off Newfoundland has had a near-miss with an iceberg the size of a small office building. Husky Energy said a "medium size" iceberg came within 180 metres of the SeaRose FPSO at about 5:30 a.m. Wednesday.

Highlights from the news file for Thursday, March 30 ——— GOVERNMENT PUMPS BIG BUCKS INTO FORD: The federal and Ontario government are each putting $100 million into a Ford engine plant in Windsor, Ont.

CALGARY — Cenovus Energy's blockbuster $17.7-billion deal to buy most of the Canadian assets of Houston-based ConocoPhillips will likely stand as the biggest acquisition in the oilsands sector for years to come, say some industry watchers.

EDMONTON — Alberta's oilsands could be heading for another showdown over tailings ponds after an independent assessment found that the cleanup plans of six major operators don't meet new rules.

TORONTO — Unbeaten in three road games, Toronto FC can lay down an early-season marker with five of its next six at home.

FREDERICTON — The New Brunswick government will ban union and corporate donations to political parties in the province as of June 1.

REGINA — Saskatchewan Premier Brad Wall says he has landed meetings with two members of Donald Trump's cabinet next week, including the U.S. president's point man on NAFTA.

WASHINGTON — The Trump administration has taken an early step in renegotiating the North American Free Trade Agreement, sending the U.S. Congress a draft list of priorities for the negotiation that expresses hope for change in a broad range of areas.

TORONTO — TD Bank has enlisted the help of an outside company to review its business in light of reports that some employees allegedly broke the law in order to meet sales targets and keep their jobs.